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JZR GOLD Announces Appointment of Graham Carter to the Board of Directors and as Chief Operating Officer

Management Changes

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CW21263375.1

JZR GOLD INC.

December 12, 2023

JZR GOLD ANNOUNCES APPOINTMENT OF GRAHAM CARTER

TO THE BOARD OF DIRECTORS AND AS CHIEF OPERATING OFFICER

Vancouver, British Columbia, Canada – JZR Gold Inc. (TSXV: JZR) (OTCQB: JZRIF) (the “Company” or “JZR”) is pleased

to announce that it has appointed Graham Carter to the board of directors. Mr. Carter has also been appointed as

the Chief Operating Officer (“COO”) of the Company.

Graham Carter has over 20 years of progressive technical and management experience in the oil and gas industry.

Throughout his career he has worked in various roles including Business Development, Joint Venture, project

management and progressively senior management positions with major oil and gas companies in Calgary , Alberta.

With a background in engineering (P. Eng, University of Calgary), Graham has extensive experience in project

planning, client/customer relationships and project management, managing small to large projects ($50,000,000).

“JZR’s board and management are very pleased to welcome Graham Carter to the Company’s board of directors and

as Chief Operating Officer. His expertise in project management, administration and communications will be a great

addition to our team and our projects and we look forward to working with him ”, commented Robert Klenk, Chief

Executive Officer of JZR.

For further information, please contact:

Robert Klenk

Chief Executive Officer

[email protected]

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.